Yen a safe haven

As the Turks are drawn into a fight that may have no winners and what may eventually prove to be a tactical foolhardiness;
As Putin's new economic order of killing off  black marketing in oil and save Russian interests may just about see a price rise in oil;
As European allies seem caught up in internal strifes  from immigrants to Greece to fear of internal betrayals;
As oil seems to flare up with a possible supply constraints with an escalation in conflagration in the middle east;
As Switzerland still has European neighbours and an opaque banking system to overcome;
Yen looks a better bet. Gold may rise temporarily but cannot hold out against Dollar which will be brought back by a buoyant US  economy and also the ultimate return to safety; it is only yen that looks good. Then comes the dollar. 

Views expressed are without any risk or responsibility. This blog recommends no investment. 

Federal Reserve Bank of Atlanta data reassuring ...

According to the Atlanta Federal Reserve's Wage Growth Tracker , "a new series constructed using data from the Current Population Survey, the median increase in wages for individuals working in May 2014 and May 2015 was 3.3 percent (reported as a three-month average).

Wage growth by this measure was essentially unchanged from April and 1 percentage point higher than the year-ago reading. The current pace of nominal hourly wage growth is similar to that seen during the labor market recovery of 2003–04 and about a percentage point below the pace experienced during 2006–07, which was the peak of the last business cycle.  " ( http://macroblog.typepad.com/)

Without any risk or responsibilty